FNMAG
Federal National Mortgage Association
OTC BB
People also watch:FNMAMFNMALFNMAIFNMAKFNMAN
7.070.17 (2.46%)
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1d
Prev Close6.90
Open7.10
Bid0.00 x
Ask0.00 x
52wk Range6.87 - 7.75
Day's Range7.07 - 7.10
Volume1,600
Avg Vol (3m)1,550
As of 12:36 PM EDT. Market closed.
  • Bloomberglast year

    Fannie-Freddie Profit Sweep Defended as Treasury Seeks Wind Down

    Michael Stegman, a senior adviser at Treasury, used his speech Thursday at a Goldman Sachs housing-finance conference in New York to respond to shareholders who have sued to stop the sweep and called for the companies to be freed from U.S. conservatorship. Concerns about whether Fannie Mae and Freddie Mac may need more taxpayer support have mounted as their profits and capital cushions have shrunk in recent quarters.

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